Fayose still in EFCC custody; fails to meet bail conditions

Posted by News Express | 26 October 2018 | 2,020 times

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•Ex-governor Fayose

Over 24 hours after he was granted bail by Justice Mojisola Olatoregun of the Federal High Court in Lagos, former Governor of Ekiti State, Ayodele Fayose is yet to regain his freedom.

According to LEADERSHIP report, the embattled former governor was yet to perfect his bail conditions.

According to one of the court officials, who do not want his name mentioned, the verification of the N50 million bond, which is one of the bail conditions, was yet to be done.

The source informed our correspondent that although the former governor has met other bail conditions, he cannot go home until the bail bonds are verified by the court registrar as ordered by the court.

It will be recalled that the judge granted Fayose bail in the sum of N50 million with two sureties in like sum.

The former governor, who is standing trial before the court on an 11-count charge of laundering the sum of N6.9 billion, was also ordered by the judge that his two sureties must issue a N50 million bond from a reputable bank as well as possess three years tax clearance.

The court further ordered that the former governor must deposit his travelling passport with the court and must not travel outside the court’s jurisdiction during the proceedings without the court’s permission.

But as at 4:00pm on Thursday when the court was closed for the day, some family members, political associates and aides, including, Fayose’s spokesman, Lere Olayinka were seen leaving the court premises disappointed.

They had stormed the court as early as 9:00am, hoping that Fayose’s lawyer would be able to perfect the bail conditions.

Effort to seek Olayinka’s reaction to the development was not successful, as he refused to talk to our correspondent.

Excerpted from Leadership report

Source: News Express

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